Causes of inflation in Russia

12 August, 2017

Not long ago, the government has strengthened Rosii measures to curb inflation in food in the country.The reason was the increase in inflation in the first half.And according to the August inflation rose even more.The prices of flour went up by 5.5% on semolina - by 3.2%, on the chicken - 4%.It is quite noticeable, especially for people living below the poverty line.And them in Russia, about twenty million.

What are the causes of inflation in Russia?One of the first reasons cited global drought.She suffered from almost the entire world.Many farms in the country have suffered losses from drought and, most likely, will require state subsidies.This year's grain harvest totaled 77 million tons, which is 15 million less than last year.This means that grain prices will rise, followed by bread and meat.And the government is unlikely to curb the rise in food prices.

Although there are some oddities.On the domestic needs of the country will need only 65 million. Tons of grain.The remaining will be exported.

So grain deficit country is not threatened.Just sell less abroad.Why, then, it comes to the shortfall of cereals?Yes, and I did not have time to affect the new crop at the price tag.Typically, grain and grain splits a few months, this year's harvest has not yet reached the shelves.

Causes of inflation is hardly found in the global drought.And the products are getting more expensive not on it.Most likely, it's only in our Russian reality.First, the summer were planned raised tariffs for monopolies.This should have happened earlier, but prevented the election.Secondly, no one holds back the price of gasoline, which could not hit the farms, because of transportation and storage must be paid today by today's rates on petrol and energy.

And that's not all the causes of inflation today.An important component of a purely Russian origin - the monopolization of the market of products in Russia.Around the world food market is the most competitive with the most flexible prices.We also each market - a small monopoly, which keeps the price of iron and unshakable.Of course, it does not smell no competition.There are a host of the market, and all prices agreed with him.Put less - our own peril.

Speaking of monopolization, unmissable energy market, which suffers from the same.The government could tighten controls in this area by administrative methods, but it can lead to a deficit in the energy market, which will result in a slowdown of the economy.

enumerating the causes of inflation, it is impossible not to recall the corruption component of each product.It is not so little.Some time ago, experts of Transparency International examined the components of the price of milk, quite popular and accessible product.It turned out that the price of milk bribes, kickbacks and other payments up to 30%.Apparently, the rest of the products that we buy, in this sense not much different from milk.

there are several other inflation causes of which are rooted in the irrational spending of budget funds.We have made great use of the budget at the end of the year, when money is really very difficult to use.This can not have inflationary consequences.Now again, many programs and competitions have not received funding, and expect it in the second half.So this year will be no exception in terms of rising prices.

studying the causes of inflation, so we get a situation which seems somewhat paradoxical.Russia - the country exporter of grain, but in the first half of food products went up by 6%, while in Europe, where the grain contrary import prices rose by 1.6%.